• ElderberryLow@programming.dev
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    8 months ago

    If I have it correct, the law wouldn’t immediately ban TikTok but would require it to actually be sold to a real US company within a certain amount of days otherwise it’d get banned. The CCP obviously doesn’t want that. So if this passes, TikTok isn’t removed immediately.

    Probably what happens is the CCP, I mean Bytedance, sells it to a US company then puts their people there to still siphon data.

    • vind@lemmy.world
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      8 months ago

      The law is to force any company that isn’t US owned that the US doesn’t like to hand over ownership. Regardless of your thoughts on TikTok/ByteDance/China in general, this is not a law one should praise. It’s incredibly dangerous and is one more step toward the US becoming a full-fledged fascist state.

    • Flying Squid@lemmy.world
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      8 months ago

      I guarantee you that Facebook, Twitter and Google are selling data to China on the regular. And anyone else willing to pay up.

    • Maggoty@lemmy.world
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      8 months ago

      It’s already run by a Singaporean group. Transferring it to the US is just a chance for our Social Media conglomerates to part it out and destroy competition.

        • Maggoty@lemmy.world
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          8 months ago

          TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles.[11] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).

          From the Wikipedia. This isn’t hard information to find.